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Hershey, PA vs State College, PA

99
Hershey
Pennsylvania
VS
-4.5%
104
State College
Pennsylvania

Hershey, PA and State College, PA have a very similar cost of living, with only a 4.5% difference in their overall index. Hershey scores 99 while State College scores 104 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hershey is $1,241/month compared to $1,229/month in State College — a 1% difference. Interestingly, home values tell a different story: while State College has cheaper rent, Hershey actually has lower median home values ($339,300 vs $414,400).

Median household income in Hershey is $78,750 compared to $47,132 in State College (+67.1%). Hershey offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hershey spend roughly 18.9% of their income on rent, less than the 31.3% in State College. The Hershey ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Hershey
99
4% cheaper
State College
104
Median Household Income
Hershey
$78,750
40% higher
State College
$47,132

Housing

Median Rent
Hershey
$1,241
State College
$1,229
1% cheaper
Median Home Value
Hershey
$339,300
18% cheaper
State College
$414,400
Population
Hershey
14,334
State College
40,669

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hershey $3.01
State College $3.01
US $3.07
🥚
Eggs (grade A, large)
Hershey $2.46
State College $2.46
US $2.50
🥛
Milk (whole)
Hershey $3.96
State College $3.96
US $4.03
🍞
Bread (white)
Hershey $1.82
State College $1.82
US $1.85
🍗
Chicken breast
Hershey $4.07
State College $4.07
US $4.14
Electricity
Hershey $0.22
State College $0.22
US $0.19